Re:Uber Founder Travis Kalanick Resigns as C.E.O.
by bogomipz on Wednesday June 21, 2017 @07:59AM
(#14602909)
How do you know that?
[ Parent
| on HN ]
Re:Uber Founder Travis Kalanick Resigns as C.E.O.
by berberous on Wednesday June 21, 2017 @08:08AM
(#14602982)
Have you ever seen a Board sue a CEO in a similar situation?
I also don't think the examples he cited are violations of those duties.
Re:Uber Founder Travis Kalanick Resigns as C.E.O.
by jacquesm on Wednesday June 21, 2017 @09:11AM
(#14603413)
He may not, but I have seen a board threaten a CEO in a situation like that. It never came to a lawsuit, the CEO stepped down but this sort of thing definitely can happen depending on how bad the situation is.
Re:Uber Founder Travis Kalanick Resigns as C.E.O.
by bduerst on Wednesday June 21, 2017 @12:00PM
(#14604930)
Investors sue all the officers all the time. United Airlines, Ebay/Craigslist, Skype, non-profits, etc.
Suppressing systemic sexual harassment violates his duty to report management problems to the board. Same with any meetings with Otto's founder a week prior to them leaving Google and founding Otto.
Re:Uber Founder Travis Kalanick Resigns as C.E.O.
by bogomipz on Wednesday June 21, 2017 @12:47PM
(#14605461)
Indeed. The CEO of Sears was recently sued by investors:
http://www.businessinsider.com/sears-ceo-will-pay-40-million...